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Coronavirus Considerations

The COVID-19 pandemic has curtailed ShareSoc’s events programme for now, but we have been busy in other areas and are very pleased to present a major website upgrade, the...

Leaders Need to Set an Example Over Pay

The Daily Mail ran an excellent story on bankers pay and dividends, see https://www.thisismoney.co.uk/money/markets/article-8177511/Now-bonuses-bankers-told-Industry-fire-pay.html They rang me about it and ShareSoc got a name check - Cliff Weight, director of shareholder organisation Sharesoc, said: 'The regulator is not being strong enough here. A lot of bonuses are now paid out in shares and the regulator has said nothing about that.' None of Britain's major banks has yet confirmed how they will ensure executive pay appropriately reflects the pressures the industry is under. Many ...

Bank Dividends and Fundsmith Performance

The bad news for many private investors is that most of the major listed UK banks are suspending dividend payments, even ones already announced. This is after they received a letter from the Bank of England requesting that they do so. The dividends are unlikely to be resumed before the end of the year. This is surely a prudent measure as the banks will undoubtedly have many requests for loans from companies to tide them over the virus crisis, while other ...

Insolvency changes announced by Alok Sharma

The UK government has announced new insolvency measures to prevent businesses unable to meet debts due to the impact of coronavirus from being forced to file for bankruptcy. Alok...

Thomas Cook – The end of the road

We had quite a lot of enquiries about Thomas Cook and what actions shareholders might take. We have until now adopted a watching brief. We recently had a teleconference...